41490 Oak Street, Big Bear Lake, California 92315, Big Bear Lake, 92315 - 3 bed, 2 bath
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41490 Oak Street
Big Bear Lake, California 92315
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,400Sq Ft
6,325Lot Size
Property Price
LIST PRICE$429,900
EST. MARKET VALUE
$429,900
SUMMARY
This Single Family Residence represents a Strong Value Opportunity, listed at a List Price of $429,900—positioned well below the $429,900 Fair Market Value. While the home maintains a Condition Rating of 4, it offers significant functional upside through its versatile bonus room, workshop, and spa-ready deck. The property provides a stable entry point into the Bear Valley Unified district for those willing to modernize its vintage infrastructure. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a mountain retreat with immediate potential for value-add improvements.
Estimated Market Value
$429,900
Based on Realkey algorithm analyzing recent comparable sales in Big Bear Lake.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 41490 Oak Street Subject | $429,900* List Price | 3 | 2 | 1,400 | $307 | - |
A 720 Maryland Road Sold | $325,000 | 2 | 2 | 1,433 | $227 | 0.9 mi |
B 41591 Tahoe Drive Sold | $402,500 | 2 | 2 | 1,352 | $298 | 0.3 mi |
C 849 Ford Active | $440,000 List Price | 3 | 2 | 1,296 | $340 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1963, this property is significantly dated but functional. While the master bathroom features a newer travertine-style tile renovation and some flooring has been updated, the majority of the home retains original wood paneling, older carpeting, and dated utility areas that require modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Bonus Spaces
The property includes a dedicated bonus room for an office and a separate workshop, providing exceptional functionality for remote work, hobbies, or additional storage.
- Enhanced Primary Suite
The oversized master bedroom features vaulted ceilings and skylights, creating a bright and spacious retreat that is superior to typical cabins of this era.
- Spa-Ready Outdoor Living
The large front deck is already reinforced and wired for a spa, offering a significant value-add opportunity for personal enjoyment or increasing vacation rental appeal.
CONSRISKS & DEFICIENCIES
- Extended Market Time
With 105 days on the market and four consecutive price reductions, the property may carry a stigma of being difficult to sell despite the recent price improvement.
- Vintage Infrastructure
Built in 1963, the home likely requires more frequent maintenance and potential updates to older systems compared to newer mountain residences.
About 41490 Oak Street
HUGE PRICE IMPROVEMENT — INCREDIBLE VALUE FOR THE AREA! Nestled in a prime Big Bear Lake location just minutes from town, this charming mountain retreat offers the perfect blend of comfort, character, and functionality. Featuring 3 bedrooms, 2 bathrooms, and approximately 1,400 sq ft of living space, this home is ideal for full-time living, a vacation getaway, or an investment opportunity. Step onto the spacious front deck — perfect for entertaining, relaxing under the pines, or enjoying the fresh mountain air. Just off the deck is a versatile bonus room with custom shelving that makes an excellent home office, creative space, or reading retreat. Inside, the oversized master suite is a true highlight, complete with vaulted ceilings, skylights that fill the space with natural light, and a walk-in shower for a spa-like feel. The kitchen and laundry room feature updated wood flooring, adding warmth and style throughout the home. Additional features include a workshop for hobbies or projects, plus a storage shed offering plenty of extra space for tools, outdoor gear, and seasonal items. Additionally, the deck is reinforced and wired for a spa in case you wanted to add one. With its convenient location close to shopping, dining, and all that Big Bear has to offer, this property is a fantastic opportunity to enjoy mountain living at its best.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1963
- Lot Size
- 6,325 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,400 | 1,503.603 |
| Lot Size | 6,325 | 7,837.809 |
| Price | $429.9K | $634.9K |
| Price per sq ft | $307 | $399 |
| Built year | 1963 | 1981 |
| HOA | $0 | $2.9K |
| Days on market | 118 | 68 |
Pricing History
Listed for Sale
Aug 27, 2026
$429,900
$439,900
-2% Price Drop
Initial Listing
Price Change
Aug 4, 2026
$439,900
$449,900
-2% Price Drop
Initial Listing
Price Change
Jul 7, 2026
$449,900
$459,000
-2% Price Drop
Initial Listing
Price Change
Jun 8, 2026
$459,000
$475,000
-3% Price Drop
Initial Listing
Price Change
May 14, 2026
$475,000
Initial Listing
Sold
Feb 26, 2013
$174,500
Public Record